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Updated over 4 years ago on . Most recent reply

User Stats

19
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11
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Dalton Ward
  • New to Real Estate
  • Winston-Salem, NC
11
Votes |
19
Posts

Advice on Wholesaling in NC?

Dalton Ward
  • New to Real Estate
  • Winston-Salem, NC
Posted

Wondering if anyone knows anything about the processes of wholesaling residential property in NC, specifically the Winston-Salem or Durham areas? First and foremost I know that you need a brokers license in some states to sell the rights to a contract. Is NC one of those states? Also what is the most affective way to go about wholesaling? How should I find buyers for homes quickly once I have them under contract? Or should I have a buyer lined up before I put it under contract? I know almost nothing about wholesaling except for the general idea of it but I'm eager to learn more. If anyone can answer any of these questions or have any other advice it would be greatly appreciated.

Most Popular Reply

User Stats

76
Posts
39
Votes
Justin Craver
  • Real Estate Agent
  • Oak Ridge, NC
39
Votes |
76
Posts
Justin Craver
  • Real Estate Agent
  • Oak Ridge, NC
Replied

@Dalton Ward Check out the group wholesaling houses elite on FB. Also check out Max Maxwell on YouTube. He provides tons of content on wholesaling and he is from the WS area. 

Attending meetups and connecting/networking with other local investors will help you build a buyers list. Over time you will learn what buy and hold/flip investors are looking for and can more quickly connect deals with buyers. The biggest thing will be ensuring that you are actually getting a deal with enough meat on the bones for the end buyer to make their profit also. Additionally, think about the people you are putting the house under contract with and remember that it has to make sense for them too. If you try and solve a problem they have vs trying to just get what you want you'll more likely find success. 

  • Justin Craver
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